Amazing and unique opportunity is yours for the taking! Welcome to 106 3rd street Picture Butte, where you will find 2 stand alone 1 bedroom homes, both measuring roughly 600sq ft. And both homes are located on one massive lot thats just under a 1/3 of an acre. The pie shaped lot measures 73' across the front, is 150' long, and is 91' across the back. The homes are built on grade with no basements, and both have had new siding, shingles and evestroughs in 2022. The inside of both homes have also had some recent upgrades as well, and have been blessed with long term, happy tenants! All this, and located on what is arguably the most desirable street in Picture Butte, Brick Row, and backing onto the Lions Park! There is also an old 18' x 30' rear garage structure that could use some love. This street also has affordable raw water available for irrigating.
Essential information
MLS® number
A2355538
Status
Active
Price
$399,900
Property type
Multi-Family
Type
Row/Townhouse
Transaction
For Sale
Living area
600 sq ft
Year built
1959
Structure
Other
Style
Bungalow
Listing brokerage
RE/MAX REAL ESTATE - LETHBRIDGE (PICTURE BUTTE)
Source
Pillar 9™ MLS® System
Condominium
Restrictions
None Known
Interior
Appliances
Refrigerator, See Remarks, Stove(s), Washer/Dryer
Included
Shed
Exterior and construction
Zoning
R1
Parking
Total parking
2
Community
City
Picture Butte
Province
AB
Postal code
T0K 1V0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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22 photos$400,0004906-4914 49 Street, Berwyn
